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Fed's Hammack: Inflation is too high; labor market around my level of max employment
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Japans Finance Minister says monetary policy remains the responsibility of the BOJ. Japans Finance Minister Katayama says rates are set by market movements.
From morganstanley.com | 1 hr 5 min ago
Markets are pricing in at least one more interest-rate increase from the U.S. Federal Reserve this year following hotter inflation data and a more hawkish tone from policymakers. Consumer prices rose 3.5% in the year through June, less than markets expected and a slowdown from 4.2% in May, which was the highest annual increase in three years. Meanwhile, new ...